Gray Television (GTN)

• Market cap: $338M
• 1 day: -3.46%
• 5 days: 1.21%
• 1 month: -22.45%
• 3 months: -9.46%
• 6 months: -42.44%
• Year to date: 0.00%
• 1 year: -41.74%
• 5 years: -71.15%
• 10 years: -74.74%
• Sector: Communication Services
• Industry: Broadcasting

About: Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios.

Employees: 9,502

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

70% more call options, than puts

Call options by funds: $392K | Put options by funds: $230K

30% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 53

2.24% more ownership

Funds ownership: 70.12% [Q3] → 72.36% (+2.24%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

4% less funds holding

Funds holding: 208 [Q3] → 199 (-9) [Q4]

16% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 49

39% less capital invested

Capital invested by funds: $341M [Q3] → $207M (-$134M) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 19% upside
• Avg. target: $5.50 64% upside
• High target: $7 109% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Guggenheim Curry Baker 27% 1-year accuracy 10 / 37 met price target	109% upside $7	Buy Maintained	10 Mar 2025
Wells Fargo Steven Cahall 56% 1-year accuracy 19 / 34 met price target	19% upside $4	Equal-Weight Upgraded	3 Mar 2025